Bearish flow noted in CAVA Group Inc with 2,085 puts trading, or 2x expected. Most active are 2/23 weekly 48 puts and 2/23 weekly 49 puts, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 1.69, while ATM IV is up nearly 2 points on the day. Earnings are expected on February 27th.
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